Vaalco Energy Inc. (EGY) Tuesday reported a decline in profit for the second quarter, due mainly to higher costs and expenses.
The Houston, Texas-based company's attributable net profit for the second quarter was $10.42 million or $0.18 per share, compared to $11.79 million or $0.20 per share last year.
Total revenues for the quarter grew to $58.82 million from $58.55 million in the prior-year quarter.
For comments and feedback: editorial@rttnews.com